2 weeks Ago By ABMN Staff
The Ensign Group, Inc. ( NASDAQ:ENSG – Get Free Report )’s share price gapped down before the market opened on Friday . The stock had previously closed at $147.
43, but opened at $143.77. The Ensign Group shares last traded at $142.
59, with a volume of 116,302 shares. Wall Street Analyst Weigh In A number of equities research analysts have recently issued reports on ENSG shares. Oppenheimer upped their price objective on The Ensign Group from $155.
00 to $165.00 and gave the stock an “outperform” rating in a research note on Monday, September 16th. Macquarie started coverage on The Ensign Group in a research note on Friday, June 28th.
They set an “outperform” rating and a $134.00 price objective on the stock. Finally, Truist Financial upped their price objective on The Ensign Group from $150.
00 to $160.00 and gave the stock a “hold” rating in a research note on Wednesday, July 31st. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock.
According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $145.40. Get Our Latest Stock Report on ENSG The Ensign Group Price Performance The Ensign Group ( NASDAQ:ENSG – Get Free Report ) last posted its earnings results on Thursday, July 25th.
The company reported $1.32 earnings per share for the quarter, topping analysts’ consensus estimates of $1.30 by $0.
02. The business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.
02 billion. The Ensign Group had a return on equity of 17.32% and a net margin of 5.
68%. The firm’s revenue was up 12.5% compared to the same quarter last year.
During the same period in the previous year, the firm earned $1.08 EPS. As a group, research analysts predict that The Ensign Group, Inc.
will post 4.99 EPS for the current fiscal year. The Ensign Group Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st.
Shareholders of record on Monday, September 30th will be issued a $0.06 dividend. This represents a $0.
24 dividend on an annualized basis and a yield of 0.17%. The ex-dividend date is Monday, September 30th.
The Ensign Group’s dividend payout ratio is 6.32%. Insider Buying and Selling at The Ensign Group In other The Ensign Group news, CEO Barry Port sold 3,000 shares of the company’s stock in a transaction on Tuesday, August 6th.
The stock was sold at an average price of $140.00, for a total value of $420,000.00.
Following the transaction, the chief executive officer now directly owns 53,716 shares of the company’s stock, valued at approximately $7,520,240. The sale was disclosed in a legal filing with the SEC, which is accessible through this link . In other The Ensign Group news, CEO Barry Port sold 3,000 shares of the company’s stock in a transaction on Tuesday, August 6th.
The stock was sold at an average price of $140.00, for a total value of $420,000.00.
Following the transaction, the chief executive officer now directly owns 53,716 shares of the company’s stock, valued at approximately $7,520,240. The sale was disclosed in a legal filing with the SEC, which is accessible through this link . Also, Director Daren Shaw sold 2,000 shares of the company’s stock in a transaction on Thursday, August 15th.
The shares were sold at an average price of $141.71, for a total value of $283,420.00.
Following the completion of the transaction, the director now directly owns 29,125 shares in the company, valued at $4,127,303.75. The disclosure for this sale can be found here .
Insiders have sold a total of 24,736 shares of company stock valued at $3,491,039 in the last ninety days. 3.90% of the stock is currently owned by corporate insiders.
Institutional Trading of The Ensign Group Large investors have recently modified their holdings of the stock. Opal Wealth Advisors LLC acquired a new stake in shares of The Ensign Group during the 2nd quarter worth $31,000. EntryPoint Capital LLC acquired a new stake in shares of The Ensign Group during the 1st quarter worth $34,000.
Scarborough Advisors LLC acquired a new stake in shares of The Ensign Group during the 4th quarter worth $35,000. LRI Investments LLC acquired a new stake in shares of The Ensign Group during the 1st quarter worth $45,000. Finally, Canada Pension Plan Investment Board acquired a new stake in shares of The Ensign Group during the 2nd quarter worth $49,000.
96.12% of the stock is owned by institutional investors and hedge funds. About The Ensign Group ( Get Free Report ) The Ensign Group, Inc provides skilled nursing, senior living, and rehabilitative services.
It operates through two segments: Skilled Services and Standard Bearer. The company's Skilled Services segment engages in the operation of skilled nursing facilities and rehabilitation therapy services for patients with chronic conditions, prolonged illness, and the elderly; and offers nursing facilities including specialty care, such as on-site dialysis, ventilator care, cardiac, and pulmonary management, as well as standard services comprising room and board, special nutritional programs, social services, recreational activities, entertainment, and other services. Further Reading Receive News & Ratings for The Ensign Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Ensign Group and related companies with MarketBeat.
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